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SPONSORED EPISODE: Rethinking vehicle-protection plans for today’s wide inventory mix with GWC Warranty
Used-car inventory on dealer lots nowadays can range from older, higher-mileage vehicles to EVs, lifted trucks, and modified vehicles. The result is dealers are also having to change the vehicle-protection conversations with customers. In this special sponsored episode of the ... Listen Here
Recapping credit scores & other trends in auto finance with Shams Blanc of FICO
Shams Blanc, head of auto scores at FICO, made another appearance on the Auto Remarketing Podcast to elaborate more about the fall edition of the FICO Score Credit Insights report. Along with recapping what’s going on in auto finance, Blanc ... Listen Here
SPONSORED EPISODE: Greenville Auto Auction Celebrates 16 Years—A look back and a look ahead
On this sponsored episode of the Auto Remarketing Podcast, Bill Zadeits visits with Billy Willis and Kevin Stallings of Greenville Auto Auction. The auction celebrates 16 years in early September, and the guys talk about the history of the sale, ... Listen Here

Compli Launches Red Flags Toolkit

Nick Zulovich
PORTLAND, Ore. — Compli announced the release of its Red Flags Toolkit today, which was developed in collaboration with Michael Benoit, a partner at Hudson Cook, LLP. The Red Flags Toolkit, available at no extra charge to current and future customers ... [Read More]

Edmunds.com Presents Confessions of an Auto Finance Manager

Nick Zulovich
SANTA MONICA, Calif. — The auto finance manager's office, where most vehicle purchases are finalized at dealerships, is a treacherous place for consumers, according to Edmunds.com. To help consumers navigate this arena, the company recently announced that it has followed up on the ... [Read More]

Fitch: Auto ABS Losses to Continue to Climb

Nick Zulovich
NEW YORK — While tax rebates appeared to help consumers with paying down their debts, going forward, consumers will struggle with their bills and Fitch Ratings said it sees subprime auto losses climbing even more into the summer. More specifically, the ... [Read More]

Wachovia Announces Goal to Reduce Long-Term Auto Loans, More

Nick Zulovich
CHARLOTTE, N.C. — Wachovia recently announced that its vehicle finance division is working to reduce the percentage of seven-year auto loans it is offering to consumers, setting a goal of 2 percent compared with a high of 6.5 percent. Moreover, the company reported ... [Read More]

To Help Dealers Improve Closing Ratios, Wolters Kluwer Launches RefundOne

Nick Zulovich
MINNEAPOLIS — Wolters Kluwer Financial Services announced the launch of RefundOne this week. Specifically designed for the auto dealership market, it is a patent-pending, integrated credit application and tax preparation service. RefundOne combines Wolters Kluwer Financial Services' AppOne dealership portal and ... [Read More]

The Encyclopedia of F&I Management Now Available Via E-Book

Nick Zulovich
SCOTTSDALE, Ariz. — The Automotive Dealership Institute recently announced that its first edition of the Encyclopedia of Finance and Insurance Management is now available through e-book at a limited-time cost of $49.95. This document comes in a PDF and covers almost ... [Read More]

MenuVantage Reaches New Milestone, Details Company Growth

Nick Zulovich
ORLANDO, Fla. — MenuVantage recently announced that since it was introduced in the third quarter of 2004, the company has quickly expanded and just recently achieved a major milestone of $1.5 billion in F&I product sales for its auto dealer clients. ... [Read More]

National Lenders Remain Squeezed in 2Q

Nick Zulovich
SAN FRANCISCO — Wells Fargo, Capital One and Chase all recently reported mixed second-quarter results, showing that the lenders remain under pressure in a challenging economic environment. Kicking it off, Wells Fargo Financial, which includes real estate and auto financing, in addition ... [Read More]

Westlake Names New President, Change to Credit Facility

Nick Zulovich
LOS ANGELES — Westlake Financial's Board of Directors announced recently announced a new president. Taking on the position is Ian Anderson, who had been serving as senior vice president of production, business strategy and analytics since joining the company in 2005. ... [Read More]

First Advantage CREDCO Launches Red Flag IQ

Nick Zulovich
POWAY, Calif. — First Advantage CREDCO recently announced the availability of Red Flag IQ, which is a monthly report that summarizes potential fraud activity and related trends over a period of time. Offered free to U.S. automotive dealers who sign up ... [Read More]

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